M&A Advisory
K&L Gates
Full Credential Description
K&L Gates advised Daily Harvest, Inc., a plant-based food maker, in its acquisition by Chobani Global Holdings LLC. Daily Harvest faced the challenge of expanding its market presence and product offerings in the competitive food industry, particularly in the ready-to-make meals segment, which includes smoothies, pasta, and breakfast bowls. The acquisition aimed to enhance Chobani’s and reach into this growing market. The tailored solution provided by K&L Gates involved leveraging their extensive corporate practice to navigate the complexities of the acquisition process. The team, led by partner Josh Berick, worked closely with Daily Harvest to ensure a smooth transaction that aligned with the strategic goals of both companies. This included structuring the deal to facilitate the integration of Daily Harvest’s innovative product line into Chobani’s existing operations. As a result of the acquisition, Daily Harvest not only broadened its distribution channels but also gained access to Chobani’s resources and market expertise, positioning it for significant growth in the ready-to-eat meal sector. This strategic move allowed Daily Harvest to enhance its brand visibility and expand its customer base, ultimately contributing to its long-term success in the competitive food market.